Hsin-Liang Christopher Lee - Nov 12, 2021 Form 4 Insider Report for SemiLEDs Corp (LEDS)

Role: Chief Financial Officer
Signature: /s/ Christopher Lee
Stock symbol: LEDS
Transactions as of: Nov 12, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/12/2021, 06:21 AM
Next filing: Jan 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEDS	Common Stock	Award	$0	+8K	+81.63%	$0.00	17.8K	Nov 12, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares represent restricted stock units and will be settled in LEDS common stock upon vesting, 12.5% of the restricted stock units will vest every three months starting from the vesting commencement date of November 12, 2021, so long as the Reporting Person's continuous service through the applicable vesting date. These restricted stock units will become fully vested upon a change of control.
F2	Reflects one-for-ten reverse stock split on April 15th, 2016.

Content

These shares represent restricted stock units and will be settled in LEDS common stock upon vesting, 12.5% of the restricted stock units will vest every three months starting from the vesting commencement date of November 12, 2021, so long as the Reporting Person's continuous service through the applicable vesting date. These restricted stock units will become fully vested upon a change of control.

Reflects one-for-ten reverse stock split on April 15th, 2016.